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Houssam El Dine
Houssam El Dine is 27 years old and single. He has been providing transporting services for six years. He owns a pickup truck which he uses to transport furniture and for many other services depending on customer needs.
Houssam El Dine is applying for his first youth loan from Kiva's partner Al Majmoua to replace his pickup's wheels so the pickup would be in good shape to respond better to his customers needs.
Houssam El Dine made deals with many furniture-selling showrooms to make sure that he is the one responsible for transporting their customers requests.

Additional Information

More information about this loan

This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

About Al Majmoua – Lebanese Association for Development

The Lebanese Association for Development – Al Majmoua is Lebanon’s leading microfinance institution and the oldest Kiva partner in Lebanon. Al Majmoua’s vision is to “be the leader in creating an inclusive financial system where all people in Lebanon have access to affordable services.” Given Lebanon's diverse population, Al Majmoua lends to all nationalities, provided legal residency. The strong financial position achieved to date has allowed Al Majmoua to steadily lower its pricing over the years.


Based on the belief that non-financial services play a complementary role in improving the quality of life of the most vulnerable entrepreneurs, Al Majmoua has established a solid Business Development Services program for both borrowers and non-borrowers with a focus on women and youth.

About Lebanon

  • $15,800
    Average annual income
  • 119
    View loans »
    Lebanon Loans Fundraising
  • $16,255,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Houssam El Dine to replace his pickup's wheels for his transporting business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 10, 2013
Listed
Jan 28, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014